(Image source: Arbella Insurance Group homepage.)
The Arbella Insurance Group (Quincy, Mass.) has announced the appointment of Allen Chaves to the position of director of personal lines product. Chaves will be responsible for the auto, home, dwelling fire and umbrella products and will lead the team focused on rate, product and system enhancements. He will report to Jim Hyatt, senior VP, personal lines.
Allen Chaves, Director, Personal Lines Product, Arbella Insurance Group.
“We are proud to announce that Allen is joining the personal lines team,” comments Hyatt. “Allen is not only an integral part of the Arbella family, but brings deep product, pricing and analytics experience to his new position, along with solid leadership, coaching, development and mentoring skills.”
Having joined Arbella in 2011, Chaves became an integral member of the carrier’s Actuarial and Research Analytics Department, according to an Arbella statement on the appointment. Through collaboration with both business and IT teams, Chaves played a key role in implementing Arbella’s predictive models and rating plans, the insurer reports. In his recent role as director of data governance and research analytics, the carrier credits him with having spearheaded the organization’s data strategy project, working with analysts across the organization to strengthen the company’s analytics capabilities.
Chaves began his career as an underwriter at Liberty Mutual, where he held a variety of analyst and leadership roles in underwriting, pricing, product, and marketing. He received a Bachelor of Science in business administration from the University of New Hampshire and earned his CPCU, API, ARC, and AIAF designations from The Institutes.